Deep Tide TechFlow News, on November 28, according to the Financial Times, Hong Kong plans to exempt private equity funds, hedge funds, and super-rich investment tools from taxation on cryptocurrency, private credit investments, and other asset returns. This week, the Hong Kong government stated in a 20-page proposal that tax considerations are 'one of the main factors' for asset management companies when deciding the location of their business, and the Hong Kong government hopes to create a 'favorable environment' for them. According to the proposal, the Hong Kong government aims to expand the scope of tax-exempt investments to include private credit, overseas real estate, and carbon emission allowances. The government is conducting a six-week consultation on the plan.